|"We're already seeing decreasing vacancies, but more fundamentally, the city is regarded as one of the top
economic centers in the world," Grady tells us. Downtown will need
more space in a few years, especially because of demand from large
tenants whose needs can't be met by current
configurations. (Just like any growing boy, you sometimes need to keep
buying new jeans.) The trend of companies going from the suburbs to the
city will continue to be a noteworthy one, but he doesn't think it will
be the essence of what makes the CBD successful.
Trammell Crow's Chicago office, which Grady heads, wants to be a part
of that success, and is putting together capital and preleasing to raise
1M SF at 301 S. Wacker.